Views - Master on Main
Address
415 Westlake Boulevard Malibu, CA
Price
$ 4,750,000
Property Attributes
  • MLS#SR20200563
  • TypeSingle Family
  • CountyLOS ANGELES
  • CityMalibu
  • AreaMalibu
  • Zip90265
  • StyleFrench
  • Price$ 4,750,000
  • Bedrooms6
  • Full Bathrooms7
  • Half Bathrooms0
  • Sqr Footage7406
  • Lot Size10.97 Acres
Listing Provided Courtesy Of:
Kevin Tehrani with American Dream Realty Group.
Property Description

This is A Once-in-a-Lifetime Investment Opportunity to acquire a single tenant 100% absolute triple net leased property in Malibu, one of the most significant & prestigious residential compounds in the United States with a gated estate & the utmost privacy of exquisitely landscaped gardens overlooking unobstructed views of the Boney Ridge, Sandstone 3,111 peak, Hidden valley & the Topatopa span across five mountain ridges. This resplendent property perched on Approx. 11 acres of land outfitted with front portico entry leads into the great room grand foyer w/soaring 24’ ceilings,7400 sq. ft. open floor plan, interiors with custom designer touches throughout, formal living room, hearth & French doors opening to nature overlooks the Malibu mountains, huge gourmet kitchen, expansive master suite and so much more. This residential income opportunity features a NNN lease with monthly income of $20,000 Cap Rate of 5% and currently is in the fourth year of a ten-year lease term with a five-year option. The tenant is an established Drug & Alcohol Rehab &Treatment Center holding a sub cense Abuse Drug & Alcohol license& certification approved by state of California and Federally holding JCAHO, Joint Commission on Accreditation of Healthcare Organizations. A new lease contract will be arranged upon close of escrow.

Price History
10/20/2020 Listed $4,750,000

General Features

Appliances Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Microwave, Propane Oven, Propane Range, Propane Cooktop, Propane Water Heater, Range Hood, Recirculated Exhaust Fan, Refrigerator, Warming Drawer
Architectural Style French
Assessments None
Attached Garage Yes
Attached Structure Detached
Community Features Mountainous
Construction Materials Concrete, Stucco, Wood Siding
Cooling Central Air, Electric
Directions PCH to Kanan to W on Mulholland Hwy. to N on Westlake Blvd to property. Or 101 Fwy to S on Westlake Blvd to property on right.
Exterior Features Awning(s), Barbecue Private, Rain Gutters, Satellite Dish
Flooring Carpet, Stone, Tile, Wood
Garage Spaces 3.00
HOA Fee 0.00
Heating Central, Forced Air, Propane
High School District Santa Monica-Malibu Unified
Interior Features Balcony, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, Furnished, Granite Counters, Open Floorplan, Pantry, Phone System, Recessed Lighting, Storage
Levels Two
Listagentaor Southland
Listing Agent Kevin Tehrani - BRE#00905115
Listing Agent State License 00905115
MLS Area C33 - Malibu
Parking Features Driveway, Concrete, Garage - Three Door, Garage Door Opener, Guest, Oversized, RV Access/Parking, Side by Side
Patio/Porch Features Concrete, Covered, Deck, Lanai, Patio, Porch
Pool Features Private, Filtered, Gunite, Heated, In Ground, Solar Heat
Price Per Square Foot 641.37
Private Pool Yes
Property SubType Single Family Residence
Roof Concrete, Tile
Security Features Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire and Smoke Detection System, Security System, Smoke Detector(s)
Sewer Conventional Septic
Source System CRMLS
Spa Features Private, Heated, In Ground, Solar Heated
Special Listing Conditions Standard
Utilities Cable Connected, Electricity Connected, Phone Connected, Propane, Underground Utilities, Water Connected
View Hills, Mountain(s), Panoramic, Pool, Rocks, Trees/Woods
Zoning LCA11*

Interior Features

Air Conditioning Y/N Yes
Appliances Y/N Yes
Common Walls No Common Walls
Eating Area Dining Room, In Kitchen
Fireplace Features Living Room, Master Bedroom, Master Retreat, Two Way
Fireplace Y/N Yes
Full + 3/4 Baths 7
Full Baths 7
Heating Y/N Yes
Laundry Features Individual Room, Inside, Propane Dryer Hookup
Laundry Y/N Yes
Main Level Bathrooms 3
Main Level Bedrooms 1
Room Type Entry, Family Room, Formal Entry, Foyer, Great Room, Guest/Maid's Quarters, Living Room, Main Floor Master Bedroom, Office, Retreat, Sauna, Two Masters, Utility Room, Walk-In Closet, Walk-In Pantry
Total Stories 2
Window Features Bay Window(s), Custom Covering, Drapes, French/Mullioned, Skylight(s)

Exterior Features

Door Features Double Door Entry, French Doors
Fence Y/N Yes
Fencing Wrought Iron
Foundation Details Slab
Lot Features Back Yard, Front Yard, Lawn, Irregular Lot, Yard
Lot Size Acres 10.9654
Lot Size Area 477651.0000
Lot Size Source Assessor
Lot Size Square Feet 477651.00
Lot Size Units Square Feet
Parking Y/N Yes
Patio Y/N Yes
Road Frontage Type City Street
Road Surface Type Paved
Spa Yes
Total Parking 3.00
Water Source Public, Well

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90265

Price
AVG $13.4M
$4.75M
Visits
AVG 98
14
Year Built
AVG 1985
2001

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